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  • NCLT grants DGCA time till March 2 for Jet Airways slots Feb 26, 2021 10:49 AM IST

    NCLT grants DGCA time till March 2 for Jet Airways slots

    In September 2020, DGCA and the Ministry of Civil Aviation had said that the slots were temporarily allotted to other airlines.

  • Jet Airways proposed resolution to pay off Rs 1,118 crores in 5 years, public stake to fall to 0.21% Feb 24, 2021 01:05 PM IST

    Jet Airways proposed resolution to pay off Rs 1,118 crores in 5 years, public stake to fall to 0.21%

    The Kalrock-Jalan consortium was declared the winning bidder for Jet Airways by the creditors' committee in October last year.

  • NCLT rejects applications seeking copy of Jet Airways' resolution plan Feb 23, 2021 08:42 PM IST

    NCLT rejects applications seeking copy of Jet Airways' resolution plan

    On Monday, the tribunal had also rejected applications of five employee unions who had appealed to see the resolution plan.

  • Murari Lal Jalan of Jalan-Kalrock consortium says Jet Airways may fly again by July-Aug; shares hit upper circuit Feb 22, 2021 10:56 AM IST

    Murari Lal Jalan of Jalan-Kalrock consortium says Jet Airways may fly again by July-Aug; shares hit upper circuit

    In a conversation with CNBC-TV18, Jalan said that while the initial plan was to get the airline flying again by April this year, he now expects the pending NCLT approval to come in over the next 3-4 weeks, and have the airline up and running by July-August.

  • Airline stocks have jumped as much as 704% since March 2020; will they continue to fly higher? Feb 17, 2021 02:49 PM IST

    Airline stocks have jumped as much as 704% since March 2020; will they continue to fly higher?

    The road ahead will depend on the magnitude of demand fuelled by low ticket costs, as well as on rising crude oil prices

  • Jet Airways insolvency: Revival plans get a 'reset' as boarding time gets extended Feb 16, 2021 12:22 PM IST

    Jet Airways insolvency: Revival plans get a 'reset' as boarding time gets extended

    While the Jalan-Kalrock Capital consortium had planned to resume operations by summer 2021, this may now get pushed by 90 days. The combine is now using the additional time to fine-tune strategy

  • Jalan Kalrock Consortium rubbishes rumours of its withdrawal from revival of Jet Airways Feb 11, 2021 03:54 PM IST

    Jalan Kalrock Consortium rubbishes rumours of its withdrawal from revival of Jet Airways

    In December 2020, the consortium, which had won the bid to revive Jet Airways, expected to start operating the airline by the summer of 2021.

  • Sanjay Mandavia may not have got Jet Airways, but his Flybig is set to take off this month Dec 22, 2020 04:54 PM IST

    Sanjay Mandavia may not have got Jet Airways, but his Flybig is set to take off this month

    Flybig, which has got the permit from the DGCA to start services, has already operated a chartered flight between Delhi and Shillong.

  • Airline stocks under pressure on flight suspensions amid concerns of new coronavirus strain in UK Dec 22, 2020 09:46 AM IST

    Airline stocks under pressure on flight suspensions amid concerns of new coronavirus strain in UK

    The government of India has suspended all flights originating from the UK to India until December 31, in view of the rising spread of a new coronavirus strain there.

  • Reviving Jet Airways: Jalan-Kalrock consortium in talks with ministry, DGCA to reinstate slots, bilateral traffic rights Dec 07, 2020 04:18 PM IST

    Reviving Jet Airways: Jalan-Kalrock consortium in talks with ministry, DGCA to reinstate slots, bilateral traffic rights

    The Jalan-Kalrock Capital consortium wants to revive Jet Airways, which had stopped flying in April 2019, as a full-service carrier that it was, and wants it back in the skies by summer of 2021.

  • Indian fliers need a revitalised Jet and Air India Dec 04, 2020 10:04 AM IST

    Indian fliers need a revitalised Jet and Air India

    A reasonable number of airlines, with healthy financials and sound management make for a consumer-friendly combination

  • Jet Airways may resume operations in summer of 2021: Report Dec 02, 2020 10:22 AM IST

    Jet Airways may resume operations in summer of 2021: Report

    After the green signal from the NCLT, the resolution plan for jet Airways will require clearances from the DGCA and civil aviation ministry.

  • Aviation stocks mixed after MoCA increased domestic flight cap to 70% of pre-COVID level Nov 12, 2020 12:34 PM IST

    Aviation stocks mixed after MoCA increased domestic flight cap to 70% of pre-COVID level

    While the capacity of the airlines has been enhanced, all the rules put in place by previous orders will continue.

  • Jet Airways insolvency: Kalrock Capital-Murari Jalan resolution plan submitted in NCLT Nov 06, 2020 01:05 PM IST

    Jet Airways insolvency: Kalrock Capital-Murari Jalan resolution plan submitted in NCLT

    The plan was submitted on November 5

  • Jet Airways Insolvency: Kalrock Capital and Murari Lal Jalan’s consortium deposits Rs 150 crore as performance security Nov 02, 2020 05:29 PM IST

    Jet Airways Insolvency: Kalrock Capital and Murari Lal Jalan’s consortium deposits Rs 150 crore as performance security

    The Kalrock and Jalan consortium had placed a bid of nearly Rs 1,000 crore and will get 9.5 per cent of equity in Jet Airways along with 7.5 per cent equity in loyalty rewards company InterMiles.

  • Jet Airways insolvency: New deadline looms for Kalrock Capital-Murari Jalan combine Oct 26, 2020 12:20 PM IST

    Jet Airways insolvency: New deadline looms for Kalrock Capital-Murari Jalan combine

    The consortium for Jet Airways will have to deposit a performance security by November 3

  • Jet Airways: Why the airline’s aggrieved lenders aren’t excited about the Kalrock deal Oct 20, 2020 02:24 PM IST

    Jet Airways: Why the airline’s aggrieved lenders aren’t excited about the Kalrock deal

    There isn’t much for lenders in the Kalrock-Jet Airways deal. Over 90 per cent of the money is gone. There is no clarity on what lies ahead for Jet under the consortium. Still, it is better than a no-deal, total write-off, bankers say.

  • Jet Airways 2.0 may have an outside chance of success Oct 20, 2020 10:19 AM IST

    Jet Airways 2.0 may have an outside chance of success

    Oil prices, the major cost of an airline, are low and expected to remain low for the next few years. Air traffic is slowly picking up.

  • Five questions for the new owners of Jet Airways Oct 19, 2020 03:17 PM IST

    Five questions for the new owners of Jet Airways

    Even as they prepare to take over the controls at the airline, the Kalrock-Jalan combine have a tough maneuvering to do. Jet Airways would want to make use of positive data trends to start off on a strong foot.

  • 3-Point Analysis | Jet’s resolution plan passed. Will the airline take off again? Oct 19, 2020 12:38 PM IST

    3-Point Analysis | Jet’s resolution plan passed. Will the airline take off again?

    Will Jet Airways take off again? Let’s find out in this edition of 3-Point Analysis

  • Can Jet Airways defy history? Oct 17, 2020 07:24 PM IST

    Can Jet Airways defy history?

    This is the first time that an airline has been admitted under the Insolvency and Bankruptcy Code (IBC) and the environment could well be willing to make this a model example for the success of IBC.

  • A cat has nine lives. How many does Jet Airways? Oct 17, 2020 06:56 PM IST

    A cat has nine lives. How many does Jet Airways?

    Jet Airways' insolvency process had innumerable twists and delays that prompted many to write it off. However, it has finally managed to find a new owner. Will the turbulence end?

  • The Jet Airways story: How the airline that brought 'joy to flying' got grounded on April 17, 2019 Oct 17, 2020 04:42 PM IST

    The Jet Airways story: How the airline that brought 'joy to flying' got grounded on April 17, 2019

    Naresh Goyal did a lot of things right in creating a world-class airline. Alas, he also committed a few errors

  • Kalrock Capital-Murari Jalan consortium wins bid for Jet Airways Oct 17, 2020 03:02 PM IST

    Kalrock Capital-Murari Jalan consortium wins bid for Jet Airways

    The combine has polled a majority of the votes from lenders

  • Jet Airways share price rises 5% on reports of Kalrock-Jalan consortium winning bid Oct 08, 2020 09:47 AM IST

    Jet Airways share price rises 5% on reports of Kalrock-Jalan consortium winning bid

    State Bank of India is the lead lender. The carrier owes banks Rs 8,000 crore and faces total claims of Rs 40,000 crore.

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